PAVE

Global X US Infrastructure Development ETF

About this ETF

Invests in US-domiciled companies involved in the construction, engineering, materials and equipment supply chain for infrastructure projects.

IssuerGlobal X

Management fee (MER)0.47% p.a.

Inception date3 Jun 2024

BenchmarkIndxx U.S. Infrastructure Development Index

Scout Score

69/100

Ranked #8 of 50 in Thematic

An independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.

Cost71

Diversification89

Tracking74

Liquidity58

Fund Strength27

Performance—

Income72

Strengths

Well diversified — top holdings are 31.2% of the fund, less concentrated than 89% of Thematic peers.
Tight index tracking — 15.13% tracking error, tighter than 74% of Thematic peers.
Attractive yield — 3.22%, higher than 72% of Thematic peers.

Weaknesses

Small fund — $40M in assets, smaller than 73% of Thematic funds, which can mean wider spreads.

Performance (as of 5 Nov 2026)

Total returns, net of fees. Periods longer than 1 year are annualised.

1 Month-6.03%

3 Months-12.25%

YTD+1.77%

1 Year-0.42%

Price history

Cumulative return over the selected period, indexed to 0% at the start of the range.

Top holdings (as of 13 Aug 2026)

Global X discloses these as a ranked list only — individual weights per holding aren't published. Together, these top 20 holdings make up 56.08% of the fund.